Industry News

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SRM Development Pushes Forward With 211-Unit Astro Apartments Hotel Conversion in Seattle

Lower Queen Anne project reflects broader shift in urban residential strategies A six-story residential building steps from Climate Pledge Arena is moving forward...

KG Investment Properties Plans 3.6MM SQFT Mixed-Use Development in Bellevue

Seattle developer submits master plan for Wilburton project with 1,397 residential units and 1.46-million-square-foot office tower Bellevue’s auto dealership corridor is preparing for...

Seattle Condo Market Shows Price Decline Despite 10.6% Sales Increase

Median price falls 5.9 percent to $657,500 as transaction volume reaches 952 units in three months ending September Seattle’s condominium market is displaying...

38-Unit Bainbridge Island Multifamily Property Hits the Market

The Walk on Bainbridge Island offers solar-powered smart homes with flexible ownership potential Bainbridge Island’s growing interest in sustainable living is getting a...

Bellingham Adding 79 Market-Rate Units as Pacific Northwest City Races to Meet Housing Demand

Skyline at Cordata represents latest effort to accommodate growth in Whatcom County’s largest municipality In a city straining under the weight of rapid...

Everett Port Seeks Developer for Entertainment-Focused Retail Complex at Waterfront District

Washington state facility aims to expand mixed-use project with ground-floor activation strategy The Port of Everett is hunting for a developer to construct...

U.S. Service Sector Shows Resilience With October ISM Index Rising to 52.4 Despite Price Pressures

Business activity and new orders rebound while employment remains weak and inflation concerns mount The American service sector demonstrated continued expansion in October,...

Kennedy Wilson Reports $21MM Loss as Pacific Northwest Portfolio Delivers Strong Performance Amid Strategic Repositioning

Real estate investment firm’s largest regional holding shows occupancy gains and revenue growth despite overall quarterly losses Kennedy Wilson Holdings reported a third-quarter...

Hudson Pacific’s Puget Sound Assets Hold Steady as Leasing Improves, Losses Persist

Hudson Pacific Properties’ third-quarter 2025 results showed continued financial strain for the West Coast-focused office landlord, but its Pacific Northwest assets—centered largely in...

Seattle Multifamily Market Posts $1.9B in Q3 Sales as Rents Reach $2,247 Per Unit

Investment activity surges 75 percent year-over-year while occupancy holds at 95.5 percent Seattle’s apartment market showed signs of continued strength through the third...

Security Properties to Build 160-Unit Apartment Complex in Beaverton

Seattle Developer signs exclusive agreement for $60 million mixed-use project near transit hub Mixed-use developments near transit stations continue to reshape suburban Portland...

PwC + ULI: AI Revival Lifts West Coast Real Estate from Its Post-Pandemic Slump

After years of dislocation and declining investor confidence, the West Coast’s real estate markets are finally showing signs of stabilization—and, in some cases,...

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